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Precious Metals
Interesting Interview
jmski52
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May 6, 2012 9:17AM
in
Precious Metals
Invest in anything that Bernanke can't destroy................Interview with David Stockman
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
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Comments
derryb
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May 6, 2012 9:36AM
David Stockman should be running the Treasury Dept. A smart presidential candidate would be leaning on him.
From the interview:
"TGR: Finally, what is your investment model?
DS: My investing model is ABCD: Anything Bernanke Cannot Destroy: flashlight batteries, canned beans, bottled water, gold, a cabin in the mountains."
When gold and silver move together, it signals the coming end of fiat money.
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DoubleEagle59
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May 6, 2012 9:37AM
Indeed very interesting.
He says you should be in "cash", but later says "Gold".
Which is it?
"Gold is money, and nothing else" (JP Morgan, 1912)
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
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OnlyGoldIsMoney
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May 6, 2012 10:03AM
Great interivew. I read it all. I took it as validation for continuing to stack gold. I am.
NO END IN SIGHT LIB $2.50'S CAC ONLY
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
March of Time - 27 Centuries in Gold
https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
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jmski52
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May 6, 2012 12:46PM
He says you should be in "cash", but later says "Gold".
Which is it?
Both, cash to get by, gold to win.
Q: Are You Printing Money? Bernanke: Not Literally
I knew it would happen.
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ricko
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May 6, 2012 9:08PM
Yep... cash in the short term, gold long term.... Cheers, RickO
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Comments
From the interview:
"TGR: Finally, what is your investment model?
DS: My investing model is ABCD: Anything Bernanke Cannot Destroy: flashlight batteries, canned beans, bottled water, gold, a cabin in the mountains."
When gold and silver move together, it signals the coming end of fiat money.
He says you should be in "cash", but later says "Gold".
Which is it?
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
March of Time - 27 Centuries in Gold
https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
Which is it?
Both, cash to get by, gold to win.
I knew it would happen.